The funding round was co-led by Aruwa Capital Management and Newtown Partners, with participation from Ventures Platform.

MDaaS Global, co-founded in 2017, focuses on providing tech-enabled healthcare services to underserved communities in Nigeria.

The company operates 17 diagnostic centers across 10 states, offering services such as imaging, cardiac diagnostics, and laboratory testing.

With the new funding, MDaaS Global plans to establish a presence in all 36 Nigerian states through a combination of company-owned and franchised clinics.

This expansion aims to improve access to quality healthcare for millions of Nigerians, particularly those in underserved areas.

“This funding is a significant milestone for MDaaS Global,” said Oluwasoga Oni, CEO of MDaaS Global.

“It will allow us to reach more Nigerians with critical healthcare services and further our mission of making quality healthcare accessible and affordable for all.”

MDaaS Global also uses its SentinelX app to offer patients access to personalized care programs, including preventive healthcare options.

While the company initially focused on direct-to-consumer services, it has found success offering its services to businesses, providing them with employee health screenings and government-mandated testing.